2429 S Cherokee Street, Denver, CO 80223
Local realty services provided by:ERA New Age



2429 S Cherokee Street,Denver, CO 80223
$425,000
- 2 Beds
- 1 Baths
- 668 sq. ft.
- Single family
- Active
Listed by:garvin laverickgarvinlaverick@gmail.com,720-245-9956
Office:coldwell banker global luxury denver
MLS#:4717819
Source:ML
Price summary
- Price:$425,000
- Price per sq. ft.:$636.23
About this home
This well-maintained property presents a rare combination of long-term development potential as well as immediate livability. Situated in a highly sought-after neighborhood experiencing rapid growth and redevelopment, the lot is ZONED FOR DUPLEX (U-TU-C) construction, making it an excellent opportunity for builders or investors looking to capitalize on the area's current trend of multi-unit development. For first-time home owners, this is an ideal starter home. It's move-in ready with major updates already taken care of: New roof in 2023, new sewer line 2019, new furnace 2019 and updated all flooring & paint in 2024. Live in this home for a few years and see the neighborhood continue to transform. Whether you’re looking to move in and live in the home, rent it out and hold as a long term investment, or begin the permitting process for a duplex build, this property offers flexibility for multiple strategies. Previously rented for $1649/month, it provides solid holding income while you plan your next steps.
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Home facts
- Year built:1917
- Listing Id #:4717819
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:668 sq. ft.
Heating and cooling
- Cooling:Air Conditioning-Room
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1917
- Building area:668 sq. ft.
- Lot area:0.14 Acres
Schools
- High school:South
- Middle school:Grant
- Elementary school:Asbury
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$425,000
- Price per sq. ft.:$636.23
- Tax amount:$2,531 (2024)
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